Showing 1 - 10 of 1,025
period 1970-2007, for different EU and OECD country groupings. We use the panel-data approach of Kónya (2006), which is based … effective real exchange rate in the SUR system does not substantially alter the results. -- Panel causality tests ; budget …
Persistent link: https://www.econbiz.de/10003818006
the 2019Q1-2021Q2 period using a dynamic panel approach, specifically the system Generalized Method of Moments (GMM). In …
Persistent link: https://www.econbiz.de/10012668484
We apply a "new" conventional (CAPB-based) measure of fiscal policy, which is less prone to endogeneity issues, and find that a 1-percent of GDP fiscal consolidation leads to the improvement of the current account-to-GDP ratio by approximately 0.8 percent of GDP, while previous research based on...
Persistent link: https://www.econbiz.de/10012157972
, using recent bootstrap panel cointegration techniques and SUR methods. We investigate the magnitude of the relationship … panel cointegration tests used allow for within and between correlation, while the SUR results show both positive and … balances. -- Budget balance ; external balance ; EU ; panel cointegration …
Persistent link: https://www.econbiz.de/10003808652
Using two measures of the fiscal position, the cyclically adjusted primary budget balance (CAPB) and the total budget balance, we assess the Twin Deficit Hypothesis for the Euro Area in the period 1995-2020. Furthermore, we estimate time-varying coefficients of the current account balance...
Persistent link: https://www.econbiz.de/10012813893
OECD country-level panel data, we find that labor market deregulation has been positively related to current account …
Persistent link: https://www.econbiz.de/10010479333
bank. Using a dynamic panel model estimated by GMM for a mixed sample of more than 1500 banks from 65 countries, we find no …
Persistent link: https://www.econbiz.de/10003883061
We study sovereign bond yields in OECD countries with a dynamic panel by checking for cross-section dependence …; assessing panel cointegration; and estimating panel error-correction models. The results show that markets consider budgetary … and external imbalances and inflation as relevant determinants of sovereign yields. -- long-term yields ; panel …
Persistent link: https://www.econbiz.de/10008653417
We examine the economic and social determinants of suicide mortality in a panel of 25 OECD countries over the period …
Persistent link: https://www.econbiz.de/10010375378
This paper describes the empirical evidence on partisan politics in OECD panel studies. I elaborate on the research …. Discussing about 100 panel data studies, the results indicate that leftwing and rightwing governments pursued different economic …
Persistent link: https://www.econbiz.de/10011515448